CEER First Analysis of the COVID-19 Pandemic's Effects on the Energy Sector

 29 March 2021 

Today, 29 March 2021, CEER publishes its First Analysis of the COVID-19 Pandemic’s Effects on the Energy Sector. This interim report seeks to highlight the pandemic’s impact on the energy market as a whole and on energy companies in particular. Furthermore, it summarises the approaches national regulatory authorities from 28 participating countries took to protect energy customers during these extraordinary times. The report will also be presented at CEER’s Annual Conference on 30 March 2021.

• The energy sector demonstrated its resilience throughout the pandemic. Energy demand and market prices receded in many countries but the system as such continued operating. To protect consumers in a context of business closures and income losses, the majority of jurisdictions made sure that consumers would not be disconnected in the case of unpaid energy bills. 
• The pandemic’s impact on energy suppliers and network operators is not fully clear yet. However, several NRAs noted that suppliers reported increases in unpaid bills and that network operators expected loss in tariff revenue.
• Energy national regulatory authorities (NRAs) flagged the importance of swift and complete exchange of information with all stakeholders (government, network operators etc.)  and the acceleration of digitalisation and remote operations in the energy sector to tackle the crisis. 

Please read the full report here.

Contact:

 brussels@ceer.eu

Tel: +32 2 788 73 30

www.ceer.eu

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